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I'd say that £500k would be fair, but still fairly tame for how dangerous this breach could've been. £500k is essentially how much it would cost each year to h
by EnderMB 8y ago
I'd say that £500k would be fair, but still fairly tame for how dangerous this breach could've been.
£500k is essentially how much it would cost each year to hire a team to fix these issues and maintain their systems.
If £120k is the punishment, what's the point in fixing the issue? It's more cost effective to accept the risk of a major security breach and the resignations of a handful of top brass.
- M2Ys4U 8y agoWell the Information Commissioner has much greater scope for issuing fines now - remember that this is an old breach and any incident that happene[sd] after May 2018 is subject to the GDPR rather than the Data Protection Act 1998.
- EnderMB 8y agoThat's good, although I'm a bit wary of what will happen to GDPR after Brexit, and whether it gives the government a mandate to reduce penalties for businesses not meeting security standards.